Key Features

Start Date 13/04/2018
Term A maximum ten year two week investment.
Counterparty Natixis (Fitch: A+ | Moody's: A1 | S&P: A as at 15/04/2024)
Linked Assets FTSE 100 Index (the 'Index')
Capital At Risk Barrier 60% of Opening Level at the Final Measurement Date
Deadlines
ISA Transfers: 26/03/2018
Applications with cheques: 05/04/2018
Applications with bank transfers: 11/04/2018
Tax Treatment Income Tax
Summary Risk Indicator 3

If the Closing Level of the Index on any Monthly Measurement Date is at least equal to 60% of its Opening Level, the Plan will pay a gross income of 0.417% for that month. No income will be payable for a month if the Closing Level of the Index is below 60% of its Opening Level on the Monthly Measurement Date. The first Monthly Measurement Date was on 14 May 2018, one month after the Start Date. Thereafter, the performance of the Index will be measured monthly. If the kick-out condition is met (see below), income will be paid in respect of that month and the Plan will mature early. No further income payments will then be payable.

Kick-out condition: From year 2, the Plan will kick-out, i.e. mature early, if the Closing Level of the Index is at least 5% above its Opening Level on any Quarterly Measurement Date. In this event you would receive a full return of your money, as well as the income due for that month. The first Quarterly Measurement Date on which an early maturity could be triggered was on 14 April 2020, two years after the Start Date.

You will lose money if the Final Level of the Index is below 60% of its Opening Level and the amount of your money that you would lose will be the percentage by which the Final Level of the Index is below its Opening Level. In extreme circumstances you could lose all of your money. If the Final Level of the Index is at least equal to 60% of its Opening Level you will get back the amount you invested.


Please see marketing literature or contact us for more information.


Please see marketing literature or contact us for more information.
FTSE 100 Index 7264.56

Where available, the Performance Chart is constructed out of indicative BID prices and should not be used as an accurate representation of the current or past value of any investment. Indicative prices are communicated to us directly by the relevant issuing bank and we (Meteor Asset Management Ltd.) are not the calculation agent. We are, therefore, not responsible for the timing or accuracy of any indicative prices shown and produce these charts for purely indicative purposes only. Any prices shown are representative of close-of-business as of the date indicated and are not updated or correct in real-time. Indicative prices are not immediately available to us after an investment has just begun. If no prices are present, check back at a later date or contact us for more information. Past performance is not a reliable indicator of future performance and should not be used to assess the future returns or risks associated with any investment.